Nidec to build flagship e-axle production facility

LinkedIn +

Nidec has announced plans to construct a factory for its E-Axle traction motor system in the city of Pinghu, Zhejiang Province, in China. The company expects the new site to play a pivotal role in achieving its 2030 sales target of RMB10tr (US$1.5tn). Since April 2019, Nidec has sold a total of more than 370,000 units of its E-Axle system.

The new factory – which will also produce E-Axle-related components such as inverters and gears – is to be Nidec’s fifth traction motor-related production site, and the fourth E-Axle assembly plant, in China.

This will allow Nidec to also operate the Pinghu facility as an EV-dedicated plant that consolidates the company’s component businesses, with a maximum annual production capacity of 1,000,000 units.

At full capacity, the 72,800m2 Pinghu site will deploy a workforce of approximately 2,500 people. Construction is planned to start in October this year, with production expected to commence in October 2023.

Share this story:

About Author

Sam joined the UKi Media & Events automotive team in 2017. Having started out as assistant editor for a number of titles including Automotive Powertrain Technology International, Automotive Testing Technology International and Professional Motorsport World, he was appointed editor of PTI in 2020. Sam produces content for both the magazine and website.

Comments are closed.